Bruton Smith buying ARCA?

SpeedNet Story: The hottest rumor in the garage area this week is that Bruton Smith is trying to buy the ARCA Series to give his empire its own sanctioning body. Smith already owns five race tracks, including Charlotte, Atlanta and Texas, and is aggressively pursuing the purchase of others. According to sources in the garage area, ARCA officials have told Smith they will sell if he can get NASCAR approval, which is unlikely. If Smith should purchase the ARCA Series, it would give him his own race officials should he decide to start a rival series. It would also give him the capacity to run a non-sanctioned race with Winston Cup drivers at his Texas track later this year. Smith has been asking Bill France for a second Texas date this season, but France refuses to budge. According to sources, Smith has threatened to run a second race at Texas the week most Winston Cup teams are in Japan for the second Suzuka Thunder 100(6-7-97)